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Cummings to explore urban banking at Baltimore forum
Cummings to explore urban banking at Baltimore forum

Rep. Elijah E. Cummings will hold a forum in Baltimore next week to explore whether the banking industry is neglecting inner-city neighborhoods, forcing residents to rely on predatory lenders and high-fee check cashing services. Cummings, who has been widely praised for his visibility on the streets of West Baltimore during last week's unrest, has suggested that the lack of economic opportunity and financial services has harmed urban areas and communities of color, trapping consumers in a "cycle of high fees and debt." The meeting is the fifth in a series held under the banner of the Middle Class Prosperity Project, which Cummings launched this year with Sen. Elizabeth...

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